There are currently about 7,483 convenience stores and minimarts nationwide, accounting for more than 93% of all modern retail outlets, reflecting the growing popularity of the 'bringing supermarkets closer to home' model among consumers.
Many arson attacks occurred in the three southernmost border provinces of Pattani, Yala, and Narathiwat of Thailand in the early morning of March 22, killing one woman and destroying many shops and equipment, Thai police reported on the same day.
Trade promotions will be held from June 8-18 in France, Germany, and Poland to boost the consumption of Vietnamese agricultural products in the European market.
The Ho Chi Minh City People’s Committee on September 8 issued a new decision on COVID-19 prevention and control measures as the city continues to stay under the Prime Minister’s restrictive Directive 16 with outbreaks still not properly controlled yet.
The Ministry of Industry and Trade (MoIT) plans to consolidate traditional markets in rural areas while developing a large number of convenience stores and diversifying types and methods of modern business.
With people wanting to stay at home amid the COVID-19 outbreak, apps like Be and Grab are piloting new services in Ho Chi Minh City to help them buy more and more things without leaving home.
Most of the modern retailers from Indonesia, who are engaged in minimarkets and convenience stores, have expressed their interest in expanding business in Vietnam, according to Chairman of the Indonesian Retailers Association (Aprindo) Roy Nicholas Mandey.
Large retailers and convenience stores in Thailand have pledged to stop giving plastic bags to customers from next year to reduce plastic waste, the country’s environment minister announced.
Ho Chi Minh City’s retail sales and services grew by 12.2 percent year-on-year in the first half to nearly 600 trillion VND (25.8 billion USD), according to its Department of Industry and Trade.
Vietnam’s retail market will continue to grow strongly this year, with lots of opportunities to develop modern retail systems in rural areas, according to Phan Lan Chi, deputy director of supermarket chain Lan Chi Mart.
With certain advantages, convenience stores have been an increasingly popular shopping destination for customers, and they have also become a choice for domestic retailers to compete with foreign rivals.
VinCommerce, a subsidiary of real estate and retail giant Vingroup, announced on April 2 that it will receive the transfer of 87 Shop&Go stores at the price of 1 USD.
Total revenue from retail trade and services in Vietnam reached an estimated 402.2 trillion VND (17.26 billion USD) in January, up 4.4 percent month-on-month and 12.2 percent year-on-year, the latest report from the General Statistics Office (GSO) showed.